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Inger Sethov, executive vice president Communication & Public Affairs, has decided to leave Hydro to become chief communication officer for Norwegian retail company Reitan Handel AS. The process to find a replacement has started. Sethov will stay on until a successor is in place, un...
Norsk Hydro is a good, integrated aluminum producer offering good fundamentals and a growing dividend. The management's actions seem sound, and we could expect a doubling of the dividend after 2026. However, as aluminum stocks are extremely volatile, you might want to have a diffe...
Hydro and Lyse announced in October 2020 a plan to merge part of their respective hydropower production in southern Norway into a joint hydropower company. The transaction was completed on December 31. As part of the transaction, the companies have merged power production assets in the ...
Hydro’s strategic direction toward 2025 will focus on two key areas: strengthening the company’s position in low-carbon aluminium and growing in recycling and new energy. These will be the key topics at Hydro’s Capital Markets Day 2020 . At this year’s Ca...
Equinor ([[EQNR]] +1.4%), aluminum producer Norsk Hydro (NHYDY) and renewables company Scatec (STECF) announce plans to develop a 480 MW solar farm in Brazil.The farm, to be located in Brazil's Rio Grande do Norte state, will be jointly owned and developed by the three companies, with part of...
Hydro has the pleasure of inviting you to our virtual Capital Markets Day, on December 10, 2020 from 9.00 – 12.00. Agenda 9:00 – 11:30 Presentation in English: Hydro by President and CEO Hilde Merete Aasheim (including presentations by Executive Vice Presiden...
The time has come to look over November's investments and dividends. The market experienced a vaccine-induced high, which eliminated all but one or two COVID-19 negatives in my portfolio in terms of RoR. The entire portfolio is now significantly up YoY. The US dollar is showing ex...
Hydro has the pleasure of inviting you to our virtual Capital Markets Day, on December 10, 2020 from 9.00 – 12.00. Agenda 9:00 – 11:30 Presentation in English: Hydro by President and CEO Hilde Merete Aasheim (including presentations by Executive Vice Presiden...
Equinor ([[EQNR]] +0.9%), Norsk Hydro ([[NHYDY]] +2.2%) and Panasonic ([[PCRFY]] -1.7%) have jointly announced to explore the potential formation of a European lithium-ion battery production business. The companies will work together to assess the market in Europe and further the business cas...
Leading technology company Panasonic, energy company Equinor and industrial group Hydro have signed a Memorandum of Understanding (MoU) to form a strategic partnership to explore possibilities for establishing a sustainable and cost-competitive European battery business. The compani...
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Hydro’s adjusted EBITDA for the second quarter of 2024 was NOK 5,839 million, positively influenced by increasing revenue drivers in the quarter. The second quarter adjusted EBITDA was down from NOK 7,098 million for the same quarter last year, negatively impacted by lower Extrusions volum...
Hydro's second quarter results 2024 will be released at 07:00 CEST (01:00 EDT, 06:00 BST, 05:00 UTC/GMT) on July 23, 2024. The quarterly report and presentation will be available on hydro.com at the same time. President and CEO Eivind Kallevik, and Executive Vice President and CFO Trond O...
Reference is made to the stock exchange notice by Norsk Hydro ASA ("Hydro") on May 7, 2024, regarding inter alia the resolution by the annual general meeting to reduce Hydro's share capital by NOK 35,347,500.054 by cancellation of 21,163,019 own shares and by redemption and cancellation of 11...